wefox garners €151m in funding 

The funding follows the successful completion of the Group’s business restructuring program, including the closing of the sale processes for the Liechtenstein-based wefox Insurance AG and the Italian companies wefox MGA S.r.l. and wefox Services Italy S.r.l., and puts wefox on a clear path to profitability for the full year 2025.

InsurTech COVR Global raises $2.5m for AI claims engine

The round was led by venture firm MTech Capital, with additional backing from B Capital. The funds are expected to support the next phase of product innovation and international growth, according to InsurTech Insights.